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$CSOP Samsung Electronics Daily (2x) Leveraged Product(07747)$ captures the momentum of Samsung, which recently reached USD 1 trillion in market cap. While Samsung was slower to the HBM party, its massive entry into HBM4 for NVIDIA has turn this 2x leveraged product into a freight train.
Performance: 7747.HK recently recorded a 25% daily surge. It also has a high expense ratio of 1.6%.
This product is not suitable to buy and hold long term. Due to volatility drag, holding it even during a sideways market can result in losses even if the stock price does not change.
A 10% drop in the underlying stock means a 20% wipeout. It is important to be right about the direction and timing.
7747.HK is the ultimate tool to bet on the sheer scale of Samsung's big comeback.
@Tiger_comments @Tiger_SG @TigerStars
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